7931 S Manistee Ave - Apartments FOR SALE


Chicago, IL 60617- South Chicago
$642,500 USD
312-528-3073
7931 S Manistee Ave, Chicago, IL for Sale
$642,500 USD
Apartments - FOR SALE
1/22
null | 9% Cap Rate

7931 S Manistee Ave
Chicago, IL 60617
South Chicago


HIGHLIGHTS

  • Large units with massive living rooms, dining rooms, and lots of natural light
  • Fenced in backyard for security and entertainment use
  • Well maintained building and units for last 6 years

OVERVIEW

Located in the South Chicago neighborhood, the building has 7-units, all consisting of 3 bedrooms and 1 bathroom. The backyard is fully fenced, with 4 parking spaces available if new owner wants to open the fence. The building has been well maintained over the last 6 years of ownership, setting things up like two washers and dryers and storage units for all apartments in the basement, as well as a private storage for owner. The 7 units all consist of 3 bedrooms and 1 bathroom with dining room and large living rooms with faux fireplaces and lots of natural light. 1 unit has been fully renovated with new kitchen, 5 of 7 have their hardwood floor completely refinished, and various units have refurbished stainless steel appliances and new bathroom vanities.

FOR SALE DETAILS

PRICE

$642,500 USD

PRICE/SF

$104 USD /SF

# OF UNITS

7

PRICE/UNIT

$91,786

CAP RATE

9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

RT-4

APN/PARCEL ID

21-31-107-013-0000,21-31-107-014-0000

ASK ABOUT THIS PROPERTY

Raul LucaHyHomMore Info
312-528-3073

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Raul LucaHyHomMore Info
312-528-3073

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.